Kategorier: Alla - market - planning - government - ownership

av James Sedgwick för 16 årar sedan

1257

Economic Systems

Economic systems are frameworks by which nations organize and distribute resources and goods. Prominent among these are the command economy, where the government exerts control over production and distribution, and the market economy, which emphasizes private ownership and individual initiative.

Economic Systems

Economic Systems

Command Economy

Karl Marx
The Communist Manifesto
Government Control
Central Planning

Mixed Economy

Deficit Financing
John Maynard Keynes

Market Economy

Adam Smith
The Wealth of Nations
Private Ownership
Individual Initiative